Some of you readers know that I'm pursuing a Business Information Technology MS Degree. Some don't. Regardless of this fact, I'm currently studing Business Continuity and Disaster Recovery (BC/DR). So, what exactly is BC/DR you say....
Well, the professor, one Mary Sandy, defines it as "a basic methodology for how to analyze and prioritize risks, arrive at criticality ratings, evaluate financial and non-financial losses, and determine a strategy for survival."
I think of it is two things.
- The Business Continuity portion is how businesses can keep the business operational, and hopefully competitive, it its industry during or after a time of disaster or crisis.
- The Disaster Recovery aspect appears to be specific to the IT portion of a company (in this class). So, this portion of the class is looking at strategies to restore one's Data Center. Does that mean that any sort of data loss is a disaster? Personally, I don't think so...plus it always depends on the industry and the nature (purpose) of the data.
So, ultimately, these things always depend upon not only the current state of the business. Meaning, which areas are currently on mission critical projects to the organization. In situations where products are being developed and near production time or ship time, these functions may require a quicker recovery than normal. Not only that, but specific hardware components or software packages may require pre-purchasing before any sort of disaster.
It seems to be an interesting and incredibly important topic for businesses....although I'd hate to be the guy trying to scare companies into buying products and services for Disaster Recovery.
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1 comment:
It was a nice article on business continuity disaster recovery. It is very helpful to understand the importance of business continuity disaster recovery. Thanks for sharing
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